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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mattyice who wrote (39309)	11/1/2010 10:37:39 AM
From: E_K_S	Read Replies (2) \| Respond to of 78774

Re: EXCO Resources, Inc. Exco Resou(NYSE: XCO) EXCO gets management-led buyout offer worth $4.36 bln Mon Nov 1, 2010 9:44am EDT Deal for $20.50/shr, a 38 pct premium reuters.com From the article:"...EXCO's CEO Douglas Miller, who has a 2.15 percent stake in the company, offered to buy the remaining shares at $20.50 apiece -- a premium of 38 percent to the company's Friday close of $14.83. Oilman and natural gas proponent Pickens, as well as the company's largest stakeholder, Oaktree Capital Management LP, and Ares Management LLC, have expressed an interest in pursuing the deal, Miller said in a letter to the company...." ==================================================================== Management finds value in NG. EKS